Ideal Power CEO earns 61,860 performance units
Ideal Power Inc. (IPWR) reported that President and CEO David M. Somo had performance-based stock units (PSUs) for 61,860 shares of common stock earned on August 13, 2026, based on achievement of pre-established performance metrics.
Rhea-AI Filing Summary
Ideal Power Inc. (IPWR) reported that President and CEO David M. Somo had performance-based stock units (PSUs) for 61,860 shares of common stock earned on August 13, 2026, based on achievement of pre-established performance metrics. On the same date, 24,342 shares were withheld by the company at $4.26 per share to satisfy tax withholding obligations upon vesting of the PSU award; the filing states no issuance or sale of securities occurred in connection with this tax withholding.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 61,860 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 24,342 | $4.26 | $104K |
Footnotes (2)
- F1. Performance-based stock units("PSUs") for shares of the Issuer's common stock were earned on August 13, 2026, based on the achievement of pre-established performance metrics.
- F2. Represents shares withheld by the issuer to cover tax withholding obligations upon vesting of a PSU award. No issuance or sale of securities occurred in connection with the tax withholding.
Key Figures
Key Terms
Performance-based stock units financial
PSUs financial
tax withholding obligations financial
vesting financial
FAQ
What insider equity award did Ideal Power Inc. (IPWR) report for its CEO?
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